The effect of human capital on growth involves multiple channels. One of the leading founders of this perspective, becker, argues that schooling, on. For clarity by depth and width, the discourse on human capital by selected researchers is presented in this section. Bullen clayton state university kelann eyler wesleyan college abstract. Human resource development quarterly is accepting submissions the editor of human resource development quarterly is proud to encourage submissions of papers that demonstrate or discuss a quantitative, qualitative, or mixed method with relevance to. Human resources of a nation refer to the totality of population of a country, which. The intellectual capital literature focuses on the measurement of firmsknowledge base. International journal of trade, economics and finance, vol.
The effect of human resources development on organizational. Employee development and its affect on employee development employee performance means employee productivity and output as a result of employee development. Introduction human capital is recognized as an agent of national development in all countries of the world. The international journal of aging and human development places emphasis upon psychological and social studies of aging and the aged. School sekkau in the development of human resources. Introduction to human capital and economic development. Jhc encompasses microeconomic, macroeconomic, and international economic perspectives on the theme of human capital. Jhc is currently seeking papers in the conventional areas of labor and health economics and economic demography, as well as papers focusing on education, health and longevity, family economics, value of lifesaving, social mobility. Citescore values are based on citation counts in a given year e. Furthermore by utilizing the workforce efficiently the organization can attain the competitive edge. Linking human capital management with tourism development and. Human capital development and its impact on firm performance. Ii 4, 2014 80 the impact of human capital management on the innovativeness of research center.
International journal of human capital in urban management. Souleh samah, junior lecturer, finance, banks and management lab, economic department, university of biskraalgeria, bp 145 rp. Evidence from developmental economics 267 concept as traditionally defined to say that expenditures on education, training, and medical care, etc. The international journal of human resource management. Development and learning in organizations emerald insight. Human capital formation is the development of abilities and skills among the population of the country. Among the postulated models pertaining to human capital are firm specific human capital model, industry specific human capital industryrelated knowhow and individual. Apart from being issues of social concern, both provide. Institutions, human capital, and development daron acemoglu,1,2 francisco a.
Answering the call for a new learning organization. There is relationship between research and human capital development. Claudia goldin, human capital 2232014 3 fraction of the growth of income per capita in u. The journal is committed to advancing hrd by providing fresh theoretical insights, new conceptual models. Robinson2,4 1department of economics, massachusetts institute of technology, cambridge, massachusetts 02142. The paper discussed the challenges of research and human capital development in nigeria. Human resource development has no significant impact on organizational. The contribution of human capital to the survival of libraries cannot be underestimated, this necessitates their regular training and development for increased performance. All journal articles featured in human resource development international vol 23 issue 3. Challenges of research and human capital development in. The basic feature of human capital is that how the organization treats its employees as the most valuable resource.
This study employs the augmented solow humancapitalgrowth model to investigate the impact of human capital development on national output, a proxy for economic growth, using quarterly time. The aim of the study was to assess the extent to which human capital development in the sam jonah library improves performance of staff. Pdf human capital development and its impact on firm. As many of you complete your university education and go out to face the challenges of the career which you may have in mind and plan for realization of the vision and dreams which many of you will have, there will be several impediments and. The impact of human capital on economic growth sciencedirect. It also addresses building guidelines for the development of intellectual capital accounts. International conference on human capital development, by ump, kuantan pahang, malaysia. In this paper we revisit the relationship between institutions, human capital and development. This increasing role of mergers and acquisitions may therefore undermine the extent to which incoming fdi enhances human capital development. Providing education and health services to people is one of the major ways of improving the quality of human resources. A high rating in human capital development indices places a country among the leading countries of the world. Ijhcm international journal of human capital management. The role of human capital and innovation in economic.
These are not simply costs but investment with valuable returns that can be calculated. Review of literature on human capital development and management there is plethora of literature on the concept of human capital. A strategic human resource development initiative in jordan, international journal of educational management, vol. Human capital development from an islamic perspective. The role of human capital in industrial development.
Measuring human capital can serve a number of purposes, e. The concept of human capital has shifted the focus of economic development theorists to generally agree that the. International journal of economic development research and investment, vol. Pdf occupational diseases workers protection as a important aspect on osh program. However, the effect of human capital on sustainable industrial development in nigeria has not been adequately explored. Impact of human capital development on economic growth. Evidence from nigeria international journal of development studies, vol. The case of stem postsecondary education in cambodia.
The journal of international social research volume 2 8 summer 2009 major challenges to the effective management of human resource training and development activities at the other extreme, some theorists have posited that human resources level of education is. Challenges of research and human capital development in nigeria. The international journal of aging and human development. On the one hand, an increase in human capital directly affects economic growth by enhancing labor productivity in production. Generative approaches for managing human capital for sustainable growth.
The most downloaded articles from international journal of educational development in the last 90 days. Human capital represents the human factor in the organization. Research and human capital development are critical to the development of any nation. Assessing the contribution of human capital on business. Nigeria is greatly endowed with both human and mineral resources, but has low human capital development.
Providing a forum for the exchange of research ideas and practices, this journal is a reference convergence point. Human capital planning in higher education institutions. Measurement of human capital is realised by human capital index, which in determination of the european union is based on four group of areas. Pdf economic growth and human capital international. Human capital development is seen as a focal point for pivoting industrial development, for reducing the level of unemployment and increasing the supply of entrepreneurs in any economy. Statement of policy the journal of human capital encompasses microeconomic, macroeconomic, and international economic perspectives on the theme of human capital. Easterlin, the effect of popula tion growth and human capital on development d. Understanding the human capital benefits of a governmentfunded international scholarship program. The puzzling relationship between international development and gender equity. Human resource accounting and international developments. Employee development and its affect on employee performance a. In terms of the organization, the human capital theory and human resource management raises a number of issues, namely. Case study urban architecture, design, development and planning. Read the journal of human capital article cited on today.
For example, harbison and myers 1964 found a significant statistical relationship between levels of human capital development and the levels of gnp. Highprofile hrm system, human capital development, innovation capabilities. The journal aims to be proactive in initiating and sustaining quality academic debates in social development and management practices and theories while providing an institutional framework for the dissemination of such ideas through the publication of quality journals. The purpose of the international journal of educational development is to report new insight and foster critical debate about the role that education plays in development. Human resources development international centre for. This study employs the augmented solow human capital growth model to investigate the impact of human capital development on national output, a proxy for economic growth, using quarterly time. Journal of international business and cultural studies human resource accounting, page 1 human resource accounting and international developments.
The impact of human capital management on the innovativeness. International journal of human capital and information. The primary purpose of this study is to determine the status of human capital planning in higher education institutions in jordan. More specifically, each of the various components of human development is likely to have a distinct impact on economic growth. Pdf international journal of human resource management.
International journal of human capital and information technology. Human capital management is a link between workforce and organizational planning kearns, 2005. The qualitative method was used, where interview was used to solicit information from. An empirical study of hrm systems, human and social capital. Cheer up, kid it turns out all that acne could be good for your grades. It is argued in the article that hrd scholars and practitioners should explore further the link between human capital, hrd and development at individual, organizational, community and international levels. With the modern development and increasing competitiveness of air transport business processes, the management of knowledge is essential most especially for air transport managers. However, the journal also publishes research that introduces observations from other fields that illuminate the human side of gerontology, or utilizes gerontological observations to illuminate in other fields. Institutions, human capital and development daron acemoglu, francisco gallego, james a.
Accumulation accumulation of human capital is perhaps the most important determinant of productivity in nigeria. The greatest investment any nation can make is in the development of her human capital. Hrdr publishes highquality conceptual work using nonempirical research methods. International journal of human capital and information technology professionals ijhcitp. Ijlic covers the latest advances on organisational learning, knowledge management and intellectual capital measuring and reporting. International journal of academic research in business and social sciences april 2015, vol. International journal of business and social science vol. It explores the role human capital plays in the production, allocation, and distribution of economic resources and in supporting longterm economic growth and development. Human capital is an allembracing concept, that is, it is a continuum, a continuing process from childhood to old age, and a must for any society that wishes to survive under the complex challenges of a dynamic world. International journal of educational development elsevier. International journal of research in human resource management. The journal offers a platform for discussion of topics ranging from education, labor, health, and family economics, to income distribution, social mobility, entrepreneurship and wealth creation, immigration and economic. The origin of the term capital is explained, and the link between human capital theory and hrd is discussed. International journal of human capital in urban management is licensed under a creative commons attribution 4.
The survey consisted of a pool of 38 items distributed over five dimensions i. Human resource development quarterly wiley online library. International journal of human capital in urban management ijhcum is an open access, quarterly free charge publication affiliated with municipality of tehran focusing on employment and allocation of human capital for urban management as well as urban multidisciplinary themes such as human resources management, urban hse, urban services, transportation, and civil management. Research is a tool for enhancing human capital development. The journal is committed to advancing hrd by providing. International journal of human resource development and management from inderscience publishers addresses hrd and hrm in manufacturing and service.
The journal of human capital jhc is dedicated to human capital and its expanding economic and social roles in the contemporary knowledge economy. In order to transform the liability of the huge size of population into assets, adoption of various measures for human capital formation is. International journal of economics, commerce and management, united kingdom licensed under creative common page 1025 human capital management hcm is an approach to employee staffing that perceives people as assets human capital whose current value can be measured and whose future value can be. Aspects of development with which the journal is concerned include economic growth and poverty reduction. The mission of the international journal of human capital and information technology professionals ijhcitp is to offer an outlook on the state of the it profession from the perspective of economic value based on labor performance. Human capital development, economic growth, expenditure on education. Simon, the relationship among human capital, the family, and. International journal of human resources development and. Human resource development quarterly is accepting submissions the editor of human resource development quarterly is proud to encourage submissions of papers that demonstrate or discuss a quantitative, qualitative, or mixed method with relevance to human resource development and related fields. International journal of learning and intellectual capital.
International journal of business and management vol. The effective human resources development does not enhance productivity in order to reduce poor performance in an organization. International journal of economics, commerce and management, united kingdom licensed under creative common page 1021 detailed definition was put forward by bontis et al 1999 as follows. Emerald is a global publisher linking research and practice to the benefit of. Evidence from developmental economics article pdf available june 2009 with 7,017 reads how we measure reads.
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